NEW YORK (S&P Global Ratings) Oct. 28, 2016--S&P Global Ratings today said Mountain View, Calif.-based global technology company Alphabet Inc.'s third-quarter 2016 results reflect continued strong revenue and profit growth as expected, consistent with the rating and outlook, which remain unchanged. Alphabet Inc., Google Inc.'s parent holding company, generated total revenues of $22.5 billion in the third quarter of 2016, up 20% on a year-over-year basis and up 23% excluding the impact of negative foreign currency. The strong growth in the third quarter was similar to that in the first half of 2016, primarily because of the increased use of mobile search by consumers but also because of contributions from growth in YouTube, programmatic advertising, and Google Play. An overwhelming
